{"id":97898,"date":"2025-05-20T12:06:59","date_gmt":"2025-05-20T08:06:59","guid":{"rendered":"https:\/\/techxmedia.com\/en\/?p=97898"},"modified":"2025-05-20T12:07:00","modified_gmt":"2025-05-20T08:07:00","slug":"emirates-accelerator-launched-to-boost-uae-startups","status":"publish","type":"post","link":"https:\/\/techxmedia.com\/en\/emirates-accelerator-launched-to-boost-uae-startups\/","title":{"rendered":"Emirates Accelerator Launched to Boost UAE Startups"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Emirates_Development_Bank\">Emirates Development Bank (EDB)<\/a>, the UAE\u2019s financial engine for economic diversification and industrial transformation, has announced the launch of the Make it in the Emirates Accelerator.<\/p>\n\n\n\n<p>The initiative aims to fast-track high-impact industrial startups and scale-ups. It was launched in collaboration with the Ministry of Industry and Advanced Technology (MoIAT).<\/p>\n\n\n\n<p>The Emirates Accelerator was revealed during Make it in the Emirates 2025. The event took place at the Abu Dhabi National Exhibition Centre, in the presence of His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of EDB.<\/p>\n\n\n\n<p>The accelerator is the UAE\u2019s first platform of its kind. It supports industrial entrepreneurship by offering founders strategic tools, technical expertise, market access, and mentorship.<\/p>\n\n\n\n<p>It is part of EDB\u2019s mission to drive economic transformation under the National Strategy for Industry and Advanced Technology.<\/p>\n\n\n\n<p>The initiative targets priority sectors such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Food security, healthcare, and renewables<\/li>\n\n\n\n<li>Advanced technology and manufacturing<\/li>\n<\/ul>\n\n\n\n<p>According to the bank, it will offer patient capital, tailored financial solutions, and access to a strong business ecosystem. This will help businesses deliver world-class products made in the UAE.<\/p>\n\n\n\n<p>His Excellency Omar Al Suwaidi, Undersecretary of MoIAT, reported that the program strengthens the UAE\u2019s industrial sector by offering key enablers and incentives. He said it aims to empower a group of entrepreneurs through support, financing, and innovation.<\/p>\n\n\n\n<p>He added that this would help UAE-made products compete globally and inspire future industrial leaders.<\/p>\n\n\n\n<p>His Excellency Ahmed Mohamed Al Naqbi, CEO of EDB, noted that the accelerator is designed for ambitious entrepreneurs with scalable ideas. He stated that this initiative offers the tools, <a href=\"https:\/\/techxmedia.com\/en\/category\/emerging-technologies\/networking\/\">networks<\/a>, and confidence to grow impactful global projects.<\/p>\n\n\n\n<p>Since 2021, EDB has provided over AED 18.7 billion in financing and created more than 32,000 jobs. The new accelerator marks the next step in building a future-ready industrial economy.<\/p>\n\n\n\n<p>At Make it in the Emirates 2025, EDB showcased the first cohort of startups under the accelerator. These include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pure Soil, focused on organic food production<\/li>\n\n\n\n<li>Yala Kombucha, a local probiotic beverage brand<\/li>\n\n\n\n<li>Sulmi, the UAE\u2019s first electric motorbike company<\/li>\n\n\n\n<li>Dein, a luxury leather goods startup<\/li>\n<\/ul>\n\n\n\n<p>In future phases, the Emirates Accelerator will onboard more entrepreneurs and businesses. This aligns with the goals of the National Strategy for Industry and Advanced Technology.<\/p>\n\n\n\n<p>The initiative also supports Operation 300bn and reinforces the UAE\u2019s position as a global hub for industrial excellence.<\/p>\n\n\n\n<p>It works alongside MoIAT\u2019s Make it in the Emirates campaign and other EDB programs like the Manufacturing Accelerator and AgriX scheme.<\/p>\n\n\n\n<p>Together, these efforts aim to build scalable businesses, support local supply chains, and enhance the UAE\u2019s industrial self-sufficiency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emirates Development Bank (EDB), the UAE\u2019s financial engine for economic [&hellip;]<\/p>\n","protected":false},"author":58,"featured_media":97900,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[9639,9621,9685],"tags":[73],"contributor":[9732],"class_list":["post-97898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-emerging-technologies","category-emerging-technologies","category-events-middle-east","tag-uae","contributor-news-desk"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2025\/05\/EDB-and-MoIAT-04.jpg","author_info":{"display_name":"Lubna","author_link":"https:\/\/techxmedia.com\/en\/author\/lubna\/"},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Emirates Accelerator, by EDB and MoIAT, supports UAE industrial startups with funding, 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